Mher Sahakyan: Cooperation and Armenian Government

mher sahakyan: The country needs to participate in global economic initiatives, and the BRI is one of the largest, said Mher Sahakyan, head of the China-Eurasia Council for Political and Strategic Research Foundation, adding that Armenia should fully make use of the opportunity to expand economic cooperation with China and attract investment, according to Global Times China. The just-ended second Belt and Road Forum for International Cooperation in Beijing is not a unilateral program, but an initiative in which all countries could introduce their own business plans for cooperation, he said. The new Armenian government has declared the start of an economic revolution. Within the initiative, Armenia and China can enlarge cooperation in many fields, for example, agriculture, commodity trade, air transportation and building free trade zones, he said. Armenia's small and medium-sized enterprises that import Chinese products and technologies will also be benefited, the expert said. It is advisable to start negotiations with China to become a full-fledged regional member of the Asian Infrastructure Investment Bank AIIB and this would create opportunities for Armenia to get a loan to finance infrastructure projects, such as its North-South highway and the Iran-Armenia railway. (news.financializer.com). As reported in the news.